Bargain Hunters Take Note: Insider Cluster-Buying At SYRG
September 23, 2016 at 10:48 AM EDT
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Synergy Resources Corp (SYRG), 3 different insiders purchased 67,000 shares at an average price of $5.99/share, for a total of $401,170, with the most recent purchase on September 20, 2016.